To:L. B. KRASIN[1]

Written:Written on July 28, 1921Published:First published in 1959 inLenin Miscellany XXXVI.

      Printed from the original.Source:Lenin
	  Collected Works,

      Progress Publishers,1976,

      Moscow,Volume 45,

      page233a.Translated:Yuri SdobnikovTranscription\Markup:R. CymbalaPublic Domain:Lenin Internet ArchiveYou may freely copy, distribute,
	display and perform this work; as well as make derivative and
	commercial works. Please credit “Marxists Internet
	Archive” as your source.•README

(secret)(to be returned)

Myopinion is:

Setup a small commission to work out
the plan in detail.Approve in substance.
Ascertain more precisely the amount
of the loan, the dates and the terms
of repaymentin raw materials and
timber(first year, inourgold: 30 million
rubles in gold; we could make ittwoyears at 30 million rubles in gold). Ten
per cent a year withrepayment? Isn’t
that too much?

Etwa:Krasin.Alsky,+?Avanesov?orTrotsky?28/VII.LeninNotes[1]Thiswas written on L. B. Krasin’s letter of July 27, 1921,
reporting on the terms of an agreement with the British
shipbuilding companies, who were prepared to grant Soviet Russia a
longterm credit for the building of ships for the Black Sea, Caspian
and the Volga merchant fleet and the Mariinsk Waterway. In
this connection, Krasin proposed that these companies or the
British Government extend an additional credit to cover the
purchase of equipment, and suggested that a plan should be worked
out to use credit for the rehabilitation of the national
economy.

[1]Thiswas written on L. B. Krasin’s letter of July 27, 1921,
reporting on the terms of an agreement with the British
shipbuilding companies, who were prepared to grant Soviet Russia a
longterm credit for the building of ships for the Black Sea, Caspian
and the Volga merchant fleet and the Mariinsk Waterway. In
this connection, Krasin proposed that these companies or the
British Government extend an additional credit to cover the
purchase of equipment, and suggested that a plan should be worked
out to use credit for the rehabilitation of the national
economy.